Mutual Bond Funds and Investment
Not what you're looking for?
We are studying mutual bond funds for the purpose of investing several funds. For this particular study, we want to focus on the assets of a fund and its five-year performance. The question is: Can the five-year rate of return be estimated based on the assets of the fund? Nine mutual funds were selected at random, and their assets and rates of return are shown below (see attached file).
a. Draw a scatter diagram
b. Compute the coefficient of correlation.
c. Compute the coefficient of determination.
d. Write a brief report of your findings for parts b and c.
e. Determine the regression equation. Use assets as the independent variable
f. For a fund with $400.0 million in sales, determine the five-year rate of return (in percent).
Purchase this Solution
Solution Summary
This solution analyzes the data given for the assets of a fund and its five-year performance, and determines the coefficient of correlation & determination, regression equation, and five-year rate of return with step-by-step workings and calculations.
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.